INTEREST ON TAX DUE WAS RECENTLY CONFIRMED THAT IT IS ON THE NET TAX PAYABLE WHEREAS IT IS SILENT AS REGARDS INTEREST PAYABLE FOR FY 2017-18 AND 2018-19. IS THERE ANY CIRCULAR / NOTIFICATION IN THIS REGARD.
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GST TAX LIABILITY - INTEREST PAYABLE ON GROSS OR NET FOR FY 2017-18 N 2018-19
Replies (1)
Dear , it's on Gross
It's being inserted in section 50 of. GST Act vide Finance (No.2) Act 2019, but yet to be notified.
It's being inserted in section 50 of. GST Act vide Finance (No.2) Act 2019, but yet to be notified.
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